The first one is
a. 105
because .07 x .5 x 3000 is equal to 105.
I'm not sure about the second one though.
Answer:
-$30,250 favorable
Explanation:
labor efficiency variance = (standard quantity - actual quantity) x standard labor cost
- actual quantity = 7,700 hours
- standard quantity = 9.9 hours x 1,000 units = 9,900
- standard labor cost = $13.70
labor efficiency variance = (7,700 - 9,900) x $13.70 = -$30,250 favorable variance
the variance is favorable, because less hours were actually used than forecasted
Answer:
So there should be 70 units must be sold for maximum revenue and maximum revenue will be 1225
Explanation:
We have given that the total revenue for an time is given by 
Now for maximum revenue 
must be zero
So 
x = 70
Now maximum revenue will occur at x= 70
So maximum revenue = 
So there should be 70 units must be sold for maximum revenue and maximum revenue will be 1225
Answer:
b) force the capital stock to be spread thinly, thereby reducing living standards.
Explanation:
Solow growth model: It is a model of economic growth, which was developed by Nobel laureate Robert Solow. It helps in analyzing the change in the output of production due to a change in population growth rate, saving rate and technological growth rate.
In the Solow growth model, an increase in population growth rates will increase the growth rate of the total output of production, however, there are no sharp changes in the growth rate of per capita output and decrease in capital intensity and saving rate, which reduce living standard.
Answer:
$21,000
Explanation:
The new bridge would take 30 man hours of labor at $50 per hour, in activity based costing, this means that ,
30*50 = 1500.
Now, it will require 14 piers to support it each time a pier is sunk into the harbor,hence the final calculation will be:
30*50*14 = 21000.
Hope this Helps.
Goodluck.
